YRCW’s stock falls below $1 In the third quarter of 2011, the common stock of YRC Worldwide (YRCW) traded below the $1.00 mark for more than 30 consecutive trading days. For some time in the fourth quarter of 2011, the stock was …
YRC Worldwide continued its plunge from late last week on Monday, falling another 9%. The stock lost more than a fifth of its value on Friday following the release of its third-quarter results, which included falling revenue and net income …
The next year, YRCW completed its financial restructuring and noted that it issued a “substantial number of shares of our common stock.” It also issued $140.0 million, 10% Series A Convertible Senior Secured Notes due in 2015, as well as …
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on YRCW at https://www.zacks.com/ap/YRCW Keywords: YRC Worldwide, …
The 2011 restructuring In 2010, YRC Worldwide (YRCW) started the business restructuring. The next year, YRCW completed its financial restructuring and noted that it issued a “substantial number of shares of our common stock.” It …